Brandon O'Brien - May 10, 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
Chief Financial Officer
Signature
By: Sharon O'Connor For: Brandon O'Brien
Stock symbol
CRVL
Transactions as of
May 10, 2023
Transactions value $
-$427,854
Form type
4
Date filed
5/11/2023, 03:12 PM
Previous filing
Apr 28, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $117K +1.5K +31.63% $77.93 6.24K May 10, 2023 Direct
transaction CRVL Common Stock Tax liability -$117K -539 -8.64% $216.60 5.7K May 10, 2023 Direct F1
transaction CRVL Common Stock Tax liability -$103K -476 -8.35% $216.60 5.23K May 10, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$325K -1.5K -39.14% $216.60 2.33K May 10, 2023 Common Stock 1.5K $77.93 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.
F2 Option will vest based on achievement of certain performance criteria relating to earnings growth.